CHAPEL HILL, N.C. (AP) -- Two families have pledged more than $60 million to the University of North Carolina-Chapel Hill as the school starts a new fundraising campaign.
The university said Steve and Debbie Vetter of Greensboro have promised to give $40 million to the school to help military families, the business school and the athletic program.
John G.B. Ellison Jr. of Greensboro is giving the school $10 million for faculty recruitment and has promised another $11 million worth of artwork.
The Vetters graduated from the school in 1978. Steve Vetters leads a company that makes pavement markers
Ellison received degrees from UNC in 1969 and 1972. He owns a company that makes X-ray equipment.
UNC-Chapel Hill wants to raise more than $4 billion in the next five years.